Fremont Real Estate Blog

37361 Sequoia Rd., Fremont, CA 94536 Ø    Built in 1986 Ø   Condominium Ø    840 spacious living sqft Ø    2 Bedrooms Ø    2 Bathrooms Ø    This home is bright, modern and comfortable, with an Open  Family, Kitchen and Dining room combination. Ø    Kitchen offers: Granite countertop, stainless steel appliances inclding microwave. Ø    Flooring, includes tile in Kitchen and baths, carpeting and laminate. Ø    Two shower over tubs. Ø    Shows Excellent! Ø    Great Fremont Schools! Ø    Easy access to South Bay or Hwy 680 or 880 and future BART Ø    HOA offers: pool, clubhouse and greenbelt for $276/month.  More info at http://www.sunilsethi.com/Listings/37361SequoiaRd.htm Living Room Dining Room Kitchen Master Bedroom Suite Master Bath Bedroom 2   Community Poo...

Nice synopsis of this week’s economic news sent to me by United Lending Partners.     The Labor Department's monthly job openings report showed little change in July. Fed policy is likely to remain on its current course in response.   Consumers charged more to credit cards and financed more autos in July. Generally, increased borrowing shows confidence in the economy.   At the same time, U.S. households have stashed $2.15 trillion in savings, about 50% more than five years ago.   Cash sales as a percentage of home purchases continue to fall. The rate is at the September 2008 level and likely is a result of the dwindling REO supply.   A typical seasonal slowdown is showing in the Fannie Mae household survey and mortgage application index. Yet rates remain very low, and affordability still reigns.   Almost half of millennials say they expect to buy a home in the near future. 97% of teens expect to become homeowners one day.    -Sunil...

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Bay Area Housing Inventory Snapshot August 28, 2014   Average List Price for active listings Median List Price for active listings Average DOM: for active listings/ for sold listings Alameda County, CA Single Family under $1M $565,216 $550,000 43 Single Family over $1M $1,937,464 $1,560,000 72 Condo/Townhome under $600K $396,268 $395,000 44 Condo/Townhome over $600K $730,689 $700,000 41 San Mateo County, CA Single Family under $1M $740,974 $729,000 49  / 19 Single Family over $1M $3,661,749 $2,100,000 81  / 29 Condo/Townhome under $600K $434,423 $428,000 29  / 14 Condo/Townhome over $600K $945,695 $799,000 45  / 22 Santa Clara County, CA Single Family under $1M $697,224 $695,000 47  / 22 Single Family over $1M $2,484,464 $1,750,000 79  / 25 Condo/Town...

I think it’s too early to read much into one month’s job reports, and what affects Bay Area pricing is more related to job losses caused by the big employers here.   From DS News Employment Growth Falls Well Short of Expectations for August Employment growth in the United States took a sharp downturn in August, according to government figures released Friday. The  Bureau of Labor Statistics  reported an increase 142,000 in U.S. payrolls last month, well short of the 230,000 predicted by economists. August's sudden slowdown in employment snaps a six-month streak in which payroll growth came in at 200,000 or higher. Read More   - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Want...

From DS news     Report: Housing in U.S. Not Set Up to Handle Aging Population The U.S. is not prepared to accommodate the country's aging population where housing needs are concerned, according to a report released by Harvard Joint Center for Housing Studies and AARP Foundation released on August 26. »READ MORE